BIC Graphic USA, based in Clearwater, Fla., announced it has completed the acquisition of Indianapolis-based Norwood Promotional Products. The newly formed subsidiary will
Read MoreCompany: Norwood Promotional Products
Promotional Products Education Foundation Awards $100,000 In College Scholarships
The Irving, Texas, Promotional Products Education Foundation (PPEF) announced the recipients of $100,000 awarded in college scholarships for 2009.
Read MoreIt’s “Business As Usual” at Norwood
Monday, June 22, Philadelphia—In a briefing on the buyout of Norwood Promotional Products, Indianapolis, by Clearwater, Florida-based BIC Graphic USA, Norwood Promotional Products CEO Paul Lage spoke with Promo Marketing’s editorial director, Nichole Stella, to discuss the impact the buyout could have on the company’s future as well as on present operations.
Read MoreBIC Graphic USA To Acquire Norwood Promotional Products
Indianapolis-based Norwood Promotional Products and BIC Graphic announced today a definitive agreement for BIC to acquire Norwood. After presenting a last minute offer, BIC was awarded the sale outbidding the original stalking horse, Aurora Resurgence. Total consideration for the acquisition is $125 million plus approximately $37.5 million in assumed liabilities. BIC Graphic USA is a division of BIC USA Inc., a leading promotional products supplier.
Read MoreBIC Graphic USA to Acquire Norwood
Indianapolis-based Norwood Promotional Products and BIC Graphic USA announced today a definitive agreement for BIC to acquire Norwood. After presenting a last-minute offer, BIC was awarded the sale outbidding the original stalking horse, Aurora Resurgence. Total consideration for the acquisition is $125 million plus approximately $37.5 million in assumed liabilities. BIC Graphic USA is a division of BIC USA Inc., a leading promotional products supplier.
Read MoreDo Gooders!
It’s easy to pigeonhole social responsibility into being about nothing more than driving a hybrid and saving old growth forests. The green movements power and celebrity, while valuable, can overshadow the other acts of human kindness that sustain societies as much as clean air, food and water.On both the supplier and distributor side of the…
Read MoreProforma Announces 2009 Convention Sponsors
Cleveland-based Proforma announced its list of 25 vendors that will be sponsoring the 2009 Proforma Convention and Family Reunion, being held July 8 to 11 in Denver. Vendors and sponsorship levels include:
Read MoreNorwood Promotional Products Launches New Collection of Norman Rockwell/The Saturday Evening Post Promotional Products
Indianapolis-based Norwood Promotional Products has a long-standing agreement with Curtis Publishing, the licensor of Norman Rockwell’s artwork from The Saturday Evening Post.
Read MoreNorwood Thanks Distributors for Support
After Wednesday’s announcement of Indianapolis-based Norwood’s agreement to sell to Aurora Resurgence, Norwood announced it received a tremendous amount of support and well wishes from customers.
Read MoreNorwood Issues Press Release on Chapter 11 Filing
Indianapolis-based Norwood Promotional Products announced today it has entered into an agreement to sell the company to Aurora Resurgence, an affiliate of Aurora Capital Group, a private equity firm managing over $2.0 billion. This transaction is the culmination of the refinancing and restructuring efforts that the Company has been working on since 2006. The purchase price includes cash and the assumption of certain liabilities.
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